Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Business, Economy, Markets

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Dubai real estate market posts sales worth $248m

11 land plots valued at AED28.83 million were also transacted
By TRENDS Desk
March 8, 2022 9:30 pm
  • Mortgage deals worth $48.27 million was also recorded in Dubai
  • This was in addition to 70 gift transactions amounting to $34.5 million

Dubai’s real estate market recorded 368 sales transactions worth AED909.66 million ($247.66million) and mortgage deals of AED177.3 million ($48.27 m).

This was in addition to 70 gift transactions amounting to AED126.81 million ($34.5 m) Monday, data released by the emirate’s Land Department (DLD) showed.

The sales included 325 villas and apartments worth AED735.99 million ($200.38m), and 43 land plots worth AED173.66 million ($47.28m).

Additionally, the mortgages included 103 villas and apartments worth AED148.47 million ($40.42m) and 11 land plots valued at AED28.83 million ($7.85m).

This brought the total realty transactions of  Monday to over AED1.2 bn ($330million).

[adinserter block="5"]

Most Read

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]